scholarly journals Data Analysis on Emerging Performance of Micro Finance in Zambia-Chipata District

2021 ◽  
pp. 103-111
Author(s):  
Harpreet Kaur ◽  
Gurusharan Kaur
Keyword(s):  
Economic Development ◽  
Financial Services ◽  
Household Income ◽  
Poor People ◽  
Alternative Source ◽  
Access To Credit ◽  
The People ◽  
The Impact ◽  
To Receive ◽  
Positive Effect

Micro finance is an essential pre-condition for sustainable economic development. The process of provision of financial services has been gaining importance for the overall economic development of the country. Micro finance became alternative source of loans to the poor people with the goal of creating financial inclusion and equality. Informal sector constitute an important part of the economy. Therefore the study was conducted to investigate the impact of Micro Finance in Zambia, the case of residents of Chipata district. The study was guided by the following research objectives: to determine the level of awareness on micro finance products, to assess the level of development of MFIs within Chipata, to assess the impacts of microfinance on Chipata District residents, women in particular and to assess challenges Chipata residents face in accessing credit. The study came up with the several results, among the few are that MFIs have a positive effect on the people of Zambia as MFIs increase the household income levels. It has been noted that, access to credit which is a major challenge in the SME sector has been reduced to a large extent through the operations of MFIs. It was also concluded that MFIs have contributed largely in the area of mobilizing savings through their saving schemes that make saving more accessible, less costly and ready to receive little amounts. The practice helps to improve capitalization as most of these saving are ploughed back in their businesses.

scholarly journals Woman Empowerment and Household Income in Kira Municipality, Uganda

2021 ◽  
Vol 4 (4) ◽  
Author(s):  
Hope Natukunda ◽  
Peter Nareeba ◽  
Sawuya Nakijoba
Keyword(s):  
Financial Services ◽  
Household Income ◽  
Survey Design ◽  
Women Empowerment ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Access To Credit ◽  
Economic Role ◽  
Productive Assets ◽  
The Impact

The empowerment of women is crucial for the development of a nation .This study is about women empowerment and household income in Kira Municipality of Uganda. The objectives were to establish the strategies of women empowerment, the effect of women empowerment on household income and the challenges to women empowerment. We adopted a cross-sectional survey design, considering a sample size of 72 respondents who were randomly sampled. Findings revealed that strategies for women empowerment included women being encouraged to join group saving groups. It was revealed that women were not adequately trained as dispute settlers, linkers, motivators, facilitators, and negotiators to help implement women empowerment projects in as far as empowering them was concerned. Regarding the impact of women empowerment, findings revealed that skills have been enhanced through training received from women empowerment implementers and programs have reduced employment among these women through skills attained. However, key challenges to women empowerment emerged including but not limited to There is inadequate finance and inappropriate funding of activities, limited access to credit sources to expand our activities, poorly trained community projects facilitators and unnecessary hinder project activities and political interests which affect women group leadership such as interference from community political forces. It is recommended that more efforts should be put to economic empowerment as a process of increasing women’s access to economic resources and opportunities including jobs, financial services, property and other productive assets, skills development and market information. Lastly women should be encouraged to participate in enterprise activities to gain a greater economic role in decision-making. Exercising control over these financial matters enables women to optimize their own and the household’s welfare.

scholarly journals Rural Financial Development Impacts on Agricultural Technology Innovation: Evidence from China

2021 ◽  
Vol 18 (3) ◽  
pp. 1110
Author(s):  
Yuyu Liu ◽  
Duan Ji ◽  
Lin Zhang ◽  
Jingjing An ◽  
Wenyan Sun
Keyword(s):  
Economic Development ◽  
Financial Development ◽  
Agricultural Development ◽  
Technology Innovation ◽  
Agricultural Technology ◽  
Rural Finance ◽  
Rural Economic Development ◽  
High Degree ◽  
The Impact ◽  
Positive Effect

Agricultural technology innovation is key for improving productivity, sustainability, and resilience in food production and agriculture to contribute to public health. Using panel data of 31 provinces in China from 2003 to 2015, this study examines the impact of rural financial development on agricultural technology innovation from the perspective of rural financial scale and rural finance efficiency. Furthermore, it examines how the effects of rural financial development vary in regions with different levels of marketization and economic development. The empirical results show that the development of rural finance has a significant and positive effect on the level of agricultural technology innovation. Rural finance efficiency has a significantly positive effect on innovation in regions with a low degree of marketization, while the rural financial scale has a significantly positive effect on technological innovation in regions with a high degree of marketization. Further analysis showed that improving the level of agricultural technology innovation is conducive to rural economic development. This study provides new insights into the effects of rural financial development on sustainable agricultural development from the perspective of agricultural technology innovation.

scholarly journals Mudra (shishu) – an effective scheme in startups

2019 ◽  
Vol 9 (4) ◽  
pp. 222-226
Author(s):  
K.C. Kavipriya
Keyword(s):  
Economic Development ◽  
Individual Development ◽  
High Rate ◽  
Small Scale ◽  
Poor People ◽  
Employment Opportunities ◽  
The People ◽  
The Individual ◽  
The Right ◽  
Small Scale Industries

Economic Development of a country depends upon the individual development; Creation of more Employment opportunities is the right way to strengthen our Economy. By way of strengthening Small scale units, ultimately more people will get Employment. More over Small scale Industries required less amount of Capital. These are the main reasons to start the scheme MUDRA. The scheme MUDRA was launched in the year 2015 by Government of India. In India most of the people are depending upon small scale businesses as their source of livelihood. Most of the individuals depend on un-organised sectors for loans and other credit facilities which have high rate of interest along with unbearable terms and conditions. Ultimately it will lead these poor people to fall in debts. This paper is an attempt to educate the readers about MUDRA Yojana.

scholarly journals Analysis of The Impact of The Region Expansion on Economic Growth (Case Study: Expansion of North Toraja Regency from Tana Toraja)

Jurnal Office ◽  
2019 ◽  
Vol 5 (1) ◽  
pp. 1
Author(s):  
Samuel Randy Tapparan ◽  
Abdul Wahab
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Data Collection ◽  
T Test ◽  
Regional Government ◽  
The People ◽  
Analysis Technique ◽  
Autonomous Regions ◽  
The Impact

The increasing number of regions proposing themselves to form new autonomous regions since the enactment of Law Number 32 of 2004 concerning "Regional Government", aims to improve economic development and the welfare of the people in each region. The purpose of this study was to analyze the impact of regional expansion on the economic growth of North Toraja Regency. The Technik of data collection in this study uses the documentary Technik, which is in the form of reports from relevant agencies. The analysis technique used is by using the independent sample T-test. The results of the study show that regional expansion has an impact on the economic growth of North Toraja Regency.

scholarly journals El impacto de los servicios financieros y la capacitación de las MIPYMES de Costa Rica (The impact of financial services and managerial Training on Costa Rica SMEs)

2014 ◽  
Vol 8 (1) ◽  
pp. 19 ◽  
Author(s):  
Ricardo Monge González ◽  
Juan Antonio Rodríguez Álvarez
Keyword(s):  
Costa Rica ◽  
Financial Services ◽  
Medium Size ◽  
Company Performance ◽  
Access To Credit ◽  
Managerial Training ◽  
El Sistema ◽  
Training Courses ◽  
The Impact ◽  
A Company

<p>Este trabajo estima el impacto de los servicios financieros (diferentes del crédito) y los cursos de capacitación de corto plazo sobre las ventas reales, número de empleados, grado de formalización y acceso al crédito en el sistema financiero formal, de un conjunto de micro, pequeñas y medianas empresas clientes de una entidad de microfinanzas que opera en Costa Rica. Para ello, se emplea un panel de datos de cinco años (2006 a 2010) y modelos econométricos que tratan de controlar por atributos de las empresas, tanto observables como no observables, que afectan el desempeño de las variables sobre las cuales se mide el impacto. Los resultados señalan que aquellas empresas que recibieron servicios financieros diferentes del crédito lograron aumentar más el valor de sus ventas y el empleo, y también mejoraron su grado de formalización (aunque este resultado es débil estadísticamente), cuando se las compara con aquellas que no obtuvieron acceso a este tipo de financiamiento. Además, parecería ser que las garantías de participación y cumplimiento son el instrumento financiero que más impacta en forma positiva el desempeño de estas empresas. Por otra parte, no se obtuvo evidencia de que los servicios de capacitación de corta duración tuvieran algún impacto sobre el desempeño de estas empresas. Con base en todo lo anterior se plantean varias recomendaciones de política.</p><p> </p><p><strong>Abstract </strong></p><p>This paper considers the impact that financial services other than credit, and short term training courses have on total sales, employee number, level of formalization and access to credit in the regular financial system for a group of micro, small and medium size enterprises that are clients of a micro financing entity operating in Costa Rica. With this aim, data collected over five years (2006 to 2010), and econometric models that monitor a company`s performance by visible and non-visible attributes affecting measuring variables were used. Results show that the companies that received financial services other than the credit itself increased sales and employment more , and also improved their level of formalization (although the latter is statistically weak), when compared to others that did not had access to this type of financing. Also, it seems that participation and compliance guarantees are the most impacting financial instrument on company performance. On the other hand, no evidence was obtained about short training courses had any impact on company performance. Finally, some policy changes are recommended.<strong><br /></strong></p>

IMPACT OF MICROFINANCE ON POVERTY ALLEVIATION IN ONDO STATE, NIGERIA

2012 ◽  
Vol 02 (09) ◽  
pp. 31-37
Author(s):  
AKINLO Anthony Enisan ◽  
ONI Isaac Oluwafemi
Keyword(s):  
Poverty Alleviation ◽  
Small Scale ◽  
Significant Positive Effect ◽  
Access To Credit ◽  
Economic Opportunities ◽  
Ondo State ◽  
The Impact ◽  
Positive Effect ◽  
Micro Credit

The paper examines the impact of microfinance on poverty alleviation in Ondo State, Nigeria. The paper is based on a survey of 240 beneficiaries of microcredit loans in Ondo State. The results of the analysis show that most beneficiaries of micro credit loans are educated youth between the age brackets of 18 and 40 years. Many of the beneficiaries utilized their loans to procure durable equipment needed in their small scale enterprises. The results show that loan empowerment has a significant positive effect on beneficiaries’ welfare. Access to credit allowed the beneficiaries take advantage of economic opportunities by providing a fundamental basis for planning and expanding business activities.

Chimborazo Rural Investment Project: Rural Roads Component Impact Evaluation

2021 ◽  
Author(s):  
Leonardo Corral ◽  
Giulia Zane
Keyword(s):  
Household Income ◽  
Impact Evaluation ◽  
Positive Impact ◽  
Investment Project ◽  
Indigenous Communities ◽  
Rural Roads ◽  
Self Employment ◽  
Household Members ◽  
The Impact ◽  
Positive Effect

This paper evaluates the impact of rural roads improvement works to benefit indigenous communities in the highlands of Ecuador, largely dependent on agriculture for their livelihoods. The findings suggest that the program had a positive impact on health and that it increased enrollment in secondary education. We find no evidence that treated households increased their investment in plot improvements and agricultural inputs. However, household members are more likely to report self-employment in agriculture as their main occupation. The effect on agricultural output and sales was positive but not statistically significant. Finally, there is no evidence that the program had any positive effect on overall household income, female empowerment and food security.

Customers' Perceptions of Green Banking

2019 ◽  
pp. 1071-1090
Author(s):  
Mehree Iqbal ◽  
Nabila Nisha ◽  
Syed Ali Raza
Keyword(s):  
Financial Services ◽  
Information Quality ◽  
Competitive Edge ◽  
Performance Expectancy ◽  
Services Delivery ◽  
Facilitating Conditions ◽  
The Impact ◽  
Service Experiences ◽  
Positive Effect

Banks today promote eco-friendly financial services by widely adopting the concept of green banking. This is generally done to minimize the impact of environmental degradation in their business activities. Besides its usefulness for environment, green banking also acts as a competitive edge for banks by offering customers with new channels of financial services delivery. However, service experiences and quality of service delivery often defines customers' perceptions towards the adoption of such services. This paper aims to study service qualities and other underlying factors that influence customers' behavioral intentions towards using green banking in Bangladesh. Under PLS-SEM technique, factors like reliability, privacy, responsiveness, empathy and information quality has significant positive effect on performance expectancy; while, performance expectancy, effort expectancy and facilitating conditions significantly influence customers' behavioral intention. Implications of these findings can provide practical recommendations and directions for further work to banks in Bangladesh.

scholarly journals The Impact of Education on Household Income in Rural Vietnam

2020 ◽  
Vol 8 (1) ◽  
pp. 11 ◽  
Author(s):  
Hung Van Vu
Keyword(s):  
Quantile Regression ◽  
Household Income ◽  
Living Standard ◽  
Regression Analyses ◽  
Poor Households ◽  
Quantile Regression Analysis ◽  
Research Findings ◽  
Using Data ◽  
The Impact ◽  
Positive Effect

Using data from the 2018 Vietnam Household Living Standard Survey, our study investigates the impact of education on household income in rural Vietnam. Both mean and quantile regression analyses were employed to analyze the impact of education. We found that education has a positive effect on the household income after controlling for various factors in the models. However, quantile regression analysis reveals that the effect of schooling years increases with quantiles, suggesting that education bring higher returns for richer households. We also found that households with the heads having higher qualifications or vocational education tend to earn higher income levels. Combined together, these findings imply that while education was found to increase household income, it increases income inequality in rural Vietnam. Our research findings suggest that improving the access of poor households to better education is expected to increase their income and reduce inequality in rural Vietnam.

UNDERSTANDING MIGRATION IN ALBANIA

2019 ◽  
Vol 10 (2) ◽  
pp. 153-160
Author(s):  
Meleq Hoxhaj ◽  
Ermelinda Kordha Tolica
Keyword(s):  
Economic Development ◽  
Developing Country ◽  
Short Term ◽  
Stages Of Development ◽  
Long Run ◽  
The Impact ◽  
Positive Effect

Migration is a phenomenon that has been present in many countries during their stages of development. Albania as a developing country is still facing migration in recent years. Since this phenomenon has resulted in obvious effects, researchers have dedicated a lot of work in relation to the impact in the countries’ development. The aim of the paper is to analyze the phenomenon of migration in Albania, its characteristics and its effects on the economy. A brief description of the migration stages and the related causes is provided at the beginning. Then, there are some data on migration in Albania today. The paper follows the link of migration with economic development. In short-term migration has a positive effect on the economy, impacts through remittances help alleviate poverty, but in long run, migrants create families in countries where they have migrated, resulting in a decline in remittances.

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